Professional Documents
Culture Documents
Disscussion
Disscussion
Disscussion
to support their internal operations. The function of institutions is to better their communities, not
to make a profit. Examples of institutional markets are churches, hospitals, and colleges.
Square hospital: Product/ service they buy: Medical Clothing, Patient Monitoring , Laboratory
Equipment, Hospital Security Systems and Identification.
Product / service they sell: Treatment
Government markets: Governments buy goods and services to support their internal operations;
they do not transform the goods and services or resell them to make a profit. Government
markets usually buy their goods through a bidding process and include federal, state, county, and
local governments.
BRTC bus:
Product/ service they buy: Product/ service they buy:
Product / service they sell: bus ,conductor ,driver.
Product / service they sell: Ride to our destination.